Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[katrinmi]

You seem to be very good at predicting...

I appreciate the sentiment, but to be honest, I'm just pulling gut-feelings out of my ass. Something hasn't felt right since the plunge down from $10k. We were stable for so long, and now have this shitfuckery to deal with. I suspect things are going to become wildly unpredictable the closer we get to the halvening. One of the reasons I'm trying to HODL strong until at least 2022 before making a decision to do anything with a small portion of my stash - Counting on it easily being over $25k USD/BTC by that time.

Just another week in Bitcoinlandia, either way.

Do you think there will be a strong price correction before or after halvening?  I'm not asking you for financial advice, I just want to know what you expect more.

[El duderino_]

Micgoossens you like poker, right?

If you want you can try it out playing trustless poker with Bitcoin.



https://fair.poker/

Never heard of this site before.... gonna look to it

Thx

[bkbirge]

Saw on Twitter that this could be the result of Zuckerberg’s testimony?
What testimony?

https://twitter.com/Reuters/status/1187007375867351041

Live Testimony Link

I kind of hate how Facebook has coopted the conversation about crypto, when Libra isn't really even crypto. Baby and bathwater, etc.

[Saint-loup]

Saw on Twitter that this could be the result of Zuckerberg’s testimony?
What testimony?

https://twitter.com/Reuters/status/1187007375867351041

Live Testimony Link

Tustnodes states it's because CME futures expire in 2 days... but maybe it's caused by both reasons.

Bitcoin Falls Like Clockwork on Futures Expiry Friday
It’s the last Friday of the month. That means futures expire in two days and like clockwork bitcoin fell about 7% from nearly $8,000 to $7,500.

https://www.trustnodes.com/2019/10/23/bitcoin-falls-like-clockwork-on-futures-expiry-friday

[MichaelX]

The old SwC was a good poker site that accepted bitcoin. I'm not so sure about the new one, but should be handled by a good team since they took over the brand.

If you're just looking to play for free, there are a bunch of apps that do have a good reputation like pokerstars and fresh deck poker.

[JSRAW]

Saw on Twitter that this could be the result of Zuckerberg’s testimony?

What testimony?

Congress..........

[gentlemand]

I kind of hate how Facebook has coopted the conversation about crypto, when Libra isn't really even crypto. Baby and bathwater, etc.

One of the least depressing aspects of all this is that most of the politicos clearly have a strong grasp of the difference between Mark's creepy baby and real crypto.

In the previous bunch of hearings Libra got the living shit kicked out of it and Bitcoin came out of it looking like the smug kid who keeps its head down.

[jojo69]

I need to consult the Bene Gesserit.

[_javi_]

US Congress is putting Facebook and Zuckerberg in a blender. They have rage in their eyes...

Libra is going nowhere.

[BitcoinGirl.Club]

May day! May day!!

[qwizzie]

I need to consult the Bene Gesserit.

Dont consult, be the Kwisatz Haderach ! Be our Messiah !

[Searing]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

[goldkingcoiner]

$181 mill liquidated on Bitmex in 6 minutes. Big oof.

[bkbirge]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

That would be great if they'd peg Libra to BTC, that would make more sense. Libra could be the daily currency, and BTC remains the store of value. At least we have McHenry in the House as a crypto-booster. I expect in the next 2 or 3 congressional elections we'll get some new blood that isn't so against the concept. I'm guessing Maxine Waters still uses a rotary dial phone and writes paper checks.

[DeathAngel]

Nothing to see here, we’ll be back above $8,000 by the end of the week. Just whales playing with noobs & weak hands. They’ll all be buying back at a higher price, pathetic.

What kind of person gets shook out by these moves? Grow a set of balls & see it for what is is, clear manipulation.

[bkbirge]

I kind of hate how Facebook has coopted the conversation about crypto, when Libra isn't really even crypto. Baby and bathwater, etc.

One of the least depressing aspects of all this is that most of the politicos clearly have a strong grasp of the difference between Mark's creepy baby and real crypto.

In the previous bunch of hearings Libra got the living shit kicked out of it and Bitcoin came out of it looking like the smug kid who keeps its head down.

That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

[Searing]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

That would be great if they'd peg Libra to BTC, that would make more sense. Libra could be the daily currency, and BTC remains the store of value. At least we have McHenry in the House as a crypto-booster. I expect in the next 2 or 3 congressional elections we'll get some new blood that isn't so against the concept. I'm guessing Maxine Waters still uses a rotary dial phone and writes paper checks.

Facebook said that Bitcoin did not 'scale' enough for them to use such. It is a moot point IMHO if the Government can stop Facebook (Libra) from using and controlling

their own cryptocurrency, I'm pretty sure they could make it impossible for Facebook to use Bitcoin. They would simply make it too difficult in other regulatory aspects of

Facebook to allow that. So the whole exercise is probably just a dead-end anyway. Likely all this Libra effort has done has opened them up to more regulations on content.



Brad

[whiteboy420]

Bakkt Bitcoin Futures Volume Bounces to New All Time High.


Following a sluggish start spanning nearly one month, Bakkt Bitcoin futures volume seems to have started the day on the right foot on Wed, Oct 23. Nearly one-third of the day has passed and a whopping 370 BTC futures contracts have already been traded on the platform.

[LFC_Bitcoin]

Is BAKKT used to mediate buying only, no selling?

[Richy_T]

That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

Good point. There was an old cartoon about how would you like you cryptocurrency scare, terrorism or paedophilia flavored? I guess we can add facebook (or 'big tech'* in general) to the options now.



*To be clear, there's a lot about big tech that's a problem but using it for scaremongering is a nasty tactic.